Oak Park Heights Real Estate Market Report: August 2025
In August 2025, the median sale price in Oak Park Heights was $275,000, down 44.7% from a year earlier.
- Median Sales Price
- $275,000
- -44.7% vs. August 2024
- Homes for Sale
- 6
- -14.3% vs. August 2024
- Months Supply
- 1.5
- -21.1% vs. August 2024
- Seller's market
- Days on Market
- 44
- +100% vs. August 2024
- Closed Sales
- 5
- +150% vs. August 2024
- Percent of Original List Received
- 95.1%
- -0.5 pts vs. August 2024
What this means
The median sale price has decreased by 45% from last year to $275,000.
Homes are selling 22 days longer than last year, averaging 44 days on market, and sellers are receiving 95.1% of their original asking price.
The area is currently a seller's market with 1.5 months of supply. Active inventory is down 14% from last year to 6 homes for sale.
In this seller's market, buyers should be prepared to act quickly, while sellers can generally expect strong interest if priced correctly.
Common questions about the Oak Park Heights market
Is Oak Park Heights a buyer's or seller's market?
Oak Park Heights was a seller's market in August 2025, with 1.5 months of supply. Under about 3 months generally favors sellers, 3 to 6 months is considered balanced, and over 6 months favors buyers. There were 6 homes for sale.
How fast are homes selling in Oak Park Heights?
Homes that sold in August 2025 spent an average of 44 days on market, 22 days slower than a year earlier. Sellers received 95.1% of their original list price on average.
Are home prices going up in Oak Park Heights?
No. The median sale price fell 44.7% year over year to $275,000. Price per square foot moved in the same direction (from $214 to $213), which suggests a real change in values rather than a shift in the mix of homes sold.
Market trends in Oak Park Heights
| Month | Median sale price | Closed sales | Days on market | Months supply |
|---|---|---|---|---|
| September 2023 | $330,500 | 4 | 16 | 0.8 |
| October 2023 | $347,450 | 6 | 24 | 1.8 |
| November 2023 | $302,500 | 2 | 63 | 1 |
| December 2023 | $315,000 | 3 | 23 | 0.8 |
| January 2024 | $570,000 | 1 | 66 | 1 |
| February 2024 | $330,900 | 6 | 43 | 0.7 |
| March 2024 | $265,139 | 2 | 14 | 0.5 |
| April 2024 | $358,250 | 2 | 25 | 1 |
| June 2024 | $290,000 | 3 | 60 | 1.4 |
| July 2024 | $269,000 | 2 | 28 | 1.6 |
| August 2024 | $496,925 | 2 | 22 | 1.9 |
| September 2024 | $332,000 | 4 | 57 | 1.7 |
| October 2024 | $404,000 | 6 | 40 | 1.1 |
| November 2024 | $320,000 | 5 | 25 | 1.4 |
| December 2024 | $370,500 | 2 | 9 | 1.1 |
| January 2025 | $365,000 | 3 | 85 | 0.9 |
| March 2025 | $239,000 | 1 | 89 | 0.9 |
| April 2025 | $375,000 | 2 | 22 | 1.9 |
| May 2025 | $270,000 | 3 | 26 | 2 |
| June 2025 | $375,000 | 5 | 24 | 1.7 |
| July 2025 | $385,000 | 3 | 27 | 1.7 |
| August 2025 | $275,000 | 5 | 44 | 1.5 |
How Oak Park Heights compares with the Twin Cities region
In August 2025, the median sale price in Twin Cities (16-County Region) was $400,000, up 2.8% from a year earlier.
More to explore
Data: NorthstarMLS Local Market Update via 10K Research, published October 21, 2026.
Report published .
Get the Oak Park Heights market report every month
We will email you the monthly numbers and what they mean for buyers and sellers.